Guatemala Beyond Expectations 2018-2019

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wide biological, cultural and climatic diversity, first-class customer service and a privileged geographical location, very close to one of the largest markets in the world; these are some of the key factors that make Guatemala an attractive provider of goods and services, but above all, an extraordinary place to invest. Guatemala has a strong cultural heritage, fruit of our shared Mayan and European legacy; a population that is mostly young, tourist destinations capable of leaving you breathless, all combined with robust electric and telecommunications infrastructure; with a modern city and the largest market in the Central American region. Guatemala is a country that exceeds expectations. It is modern, avant-garde, happy and welcoming. To mention some of its characteristics, Guatemala is a business center with flight connections to the major cities of the world and human talent recognized by their ability, creativity and great vocation to serve others. Stable connectivity and the skills of Guatemalans have permitted the development of digital transformation solutions for companies around the world. Guatemala has exceeded expectations, because it provides friendly service and top quality, for its wide offer of products and services. Guatemala is a country with numerous facets, which include, firstly, its ancient and rich history, which has produced a meeting point for different lifestyles that share the desire to walk towards the future based on a democratic model of Government. It is, as well, a country with a common vision in the possibilities that can arise from its population and territory, and a legal system that seeks stability and contributes towards the generation of business possibilities. For over three decades, Guatemala has been able to work, expand and enrich a model of an inclusive, open and tolerant nation; aimed towards business development, entrepreneurship and large markets that demand products and services our country is capable of providing. Guatemala is at turning point in which it must buildup all efforts aimed towards improving its internal capabilities. As several studies have pointed out, Guatemala is one of the countries with the highest rate of entrepreneurship in the world. This impulse towards entrepreneurship is one of the strengths the country has, which facilitates carrying-out different businesses and the preparation of human resources. In addition, the business organization has reached a high degree of sophistication and development, with several fully established private chambers that promote support and training programs for their members, and that are represented in a centralized body that is very influential on the national scene. Three decades of democratic consolidation and economic openness have made Guatemala a country that is very open towards attracting investments and capital, looking to take advantage of the existing human and natural resources, the proximity to large markets and the connection facilities to more distant places that seek the quality of what the country produces. Guatemala is characterized by its ability to do business. Its inhabitants have a friendly and serious reception to those people who come into our country to invest and promote development. Thanks to its distance, logistics and natural characteristics, as well as its cultural wealth, Guatemala has become a favorable country for investment. Guatemala exceeds expectations, we invite you to come here and be part of this great experience.

Guatemala awaits you


View from the Atitlรกn volcano, to the right you can see the Tolimรกn volcano and to the left the San Pedro volcano.


The companies and entities that are proud to present Guatemala through this document, are: • Acuamaya • Asociación de la Industria del Vestuario y Textiles - Vestex • Asociación Guatemalteca de Exportadores - AGEXPORT • Asociación Nacional del Café - ANACAFÉ • Fundación Nacional de la Arveja - Fundarveja • Comité de Cardamomo de AGEXPORT • Grupo Karims • Instituto Guatemalteco de Turismo - INGUAT • Ministerio de Economía de Guatemala • Panifresh • Observatorio Económico Sostenible de USAID y Universidad del Valle • XumaK


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Guatemala in the world

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A nation with dynamic operations

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Why invest in Guatemala?

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Guatemala world class tourist destination

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Guatemala, the most attractive business destination in Central America

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Aquaculture based on technology spread across large markets

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Energy which lights up the country of the eternal spring

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Agricultural Green Awakening


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Human capital that serves the world

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Guatemala a country that exceeds expectations and the future of exports

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Human talent that attracts investments

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Contacts

Contacts

36 42

Great manufactured work

The strategic bet of the future

Sugar Association of Guatemala - Asazgua Guatemalan Exporters Association - AGEXPORT Bank of Guatemala - Banguat Chamber of Commerce Finance Chamber of Guatemala - CFG Chamber of Industry of Guatemala - CIG Guatemala Chamber of Tourism - (CAMTUR) Chamber of Agriculture of Guatemala CAMAGRO Chamber of Commerce and Services - CECOMS Guatemalan Construction Chamber - Construguate Committee of Agricultural, Commercial, Industrial and Financial Associations (CACIF) Private Competitiveness Council of Guatemala

Federation of Small and Medium Enterprises - (FEPYME) Foundation for the Development of Guatemala - FUNDESA Guide for procedures in Guatemala: Así se Hace Guatemalan Tourism Institute - (Inguat) Ministry of Economy - MINECO Ministry of Foreign A�airs - MINEX Trade, Investment and Tourism Program in Guatemala – PACIT National Competitiveness Program - (PRONACOM) Superintendence of Tax Administration - (SAT) Single Window for Exporters - VUPE

http://www.azucar.com.gt/ http://www.export.com.gt/ https://www.banguat.gob.gt/ http://ccg.com.gt/web-ccg/ https://www.cfg.org.gt/ http://www.cig.industriaguate.com/ http://www.camtur.org/ http://www.camaradelagro.org/es/ http://www.cecoms.org/ http://www.construguate.com/ https://www.cacif.org.gt/ www.mejoremosguate.org/cms/en/ what-are-we-doing/consejo-privadode-competitividad http://www.fepyme.org.gt www.fundesa.org.gt www.asisehace.gt http://www.visitguatemala.com http://www.mineco.gob.gt/ http://www.minex.gob.gt/ http://www.mineco.gob.gt/pacit https://www.pronacom.gt https://portal.sat.gob.gt/portal/ www.vupe.export.com.gt


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Why invest in

GUATEMALA? The country is characterized by large amounts of favorable fertile soil for planting and a friendly business climate. International investors coming to Guatemala prosper because of the great productive potential there is.

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ood and prudent macroeconomic decision-making has allowed the country to maintain its good economic performance. Guatemala offers enviable business opportunities, as well as a great potential to generate growth and prosperity.

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Guatemala represents an ideal opportunity to invest in the sectors of construction and housing, light manufacturing, tourism, software development, telecommunications, information technology, agricultural industry, fruits and vegetables, forestry and furniture.


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92.06%

The electrification rate in Guatemala is

There are

16,500KM of road infrastructure throughout the country

+US$1,510 millions

that are yet to be executed

By 2032

79% of the population will live in urban areas

Growth of gross domestic product per capita: Concept

Amount

2016 2017

4,148.1 4,466.4

15 million

5.2 7.7

22 million

people will live in the intermediate cities, which will lead to the emerging of small urban centers in different areas of the country

International monetary reserves up to 2017 Annual rates of variation

It is estimated that by 2032 there will be

US$11,769

millions

Guatemalans of whom 20 million will live in urban areas

Family remittances

Concept

Amount

2016 2017

7,160.0 8,192.2

Annual rates of variation

13.9 14.4

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Guatemala,

the most attractive business destination in Central America Guatemala, located in the heart of America, has a privileged geostrategic position globally, that allows for the expansion of business towards the continent, which represents an excellent opportunity for investment and trade. It has the most dynamic and largest economy in Central America: in terms of commercial exchange it represents 30% of the regional total and 30% of the Gross Domestic Product.

T

he country has the least volatile economy in Latin America, it is one of three in this region that has not decreased economically during the last 30 years, according to the International Monetary Fund. In 2018, an economic growth between 2.8% - 3.2% is expected.

Moody’s sovereign rating Ba1 Equity Risk Premium 7.96%

Guatemala

Country Risk Premium 2.88%

S&P sovereign rating BB-

Country Default Spread (based on rating) 2.56%

(Fuente: Damodaran)

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Due to its macroeconomic policies, indicators are positive and stable in a controlled singledigit inflation, there is stable exchange rate, lower level of public debt in Latin America in relation to GDP, reasonable fiscal deficits, among others. It is an economy that absorbs external shocks and, according to risk rating agencies, even in the context of global volatility and uncertainty, Guatemala maintains its credit ratings.

Family remittances in 2017 rose to a record figure of US$ 8,192 million, representing 10.8% of GDP. Another important item in foreign exchange income is tourism, which reflected more than 2.1 million visitors in 2017.

Gross Domestic Product (GDP)

US$75,589.6

In regards to exports, there has been a diversification of export sectors and target markets. To contribute to an inclusive, accelerated and sustainable growth of exports, Guatemala approved the National Competitiveness Policy, in which one of the axes is the development of clusters that have the greatest capacity for growth, export and employment generation. The prioritized clusters are:

millions in 2017

(Source: Bank of Guatemala)

Foreign Trade

1) Forestry, furniture, paper and rubber. 2) Fruits and vegetables.

Guatemala has a historic liberalization of foreign trade, Guatemala has 12 free trade agreements with the United States, Mexico, Colombia, Chile, Panama, Cuba, Belize, Ecuador, Central America, Dominican Republic, Taiwan and the Association Agreement with the European Union. In addition to 19 investment agreements that offer fair treatment to both local and foreign investors, thus ensuring the reciprocal promotion and protection of foreign investments and providing the basic trade framework for 80% of the country’s trade.

3) Processed food. 4) Beverages. 5) Textile, Apparel and Footwear 6) Metallurgy 7) Light Manufacturing 8) Tourism and Health Services 9) ICTs, Software & Contact Centers 10) Transport and Logistics. 11) Construction.

Exports from 2017

US$ 11,000

millions

In 2018, growth was registered in the following sectors: articles of clothing, iron and steel, electric power, legumes and vegetables, among others.


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For 2018, the projected population of the country is of

17.3

The economically active population mainly consists of young people which stands for

40%

of the population. This is a percentage that stands out as the ninth country in Latin America with largest labor force

million

that offer more than 223 academic options and diversity of technical careers in response to the demand of the commercial, industrial and service sectors.

There are

15

universities

Guatemala is one of the countries in Central America with greatest internet penetration with

7.3

million users

according to the site: Internet World Stats

(Source: National Statistics Institute)

Central American Customs Union figures

Customs union

The implementation of the Customs Union of the Northern Triangle is the first in America and allows a single customs territory between Guatemala and Honduras, to which El Salvador is now being integrated. Some of the expected effects are: free transit of goods, circulation of people, and trade facilitation which will result in the simplification of procedures, implementation of computing platforms and modernizing infrastructure in the integrated border posts, increasing trade and investment opportunities for business, economic growth and development.

• GDP US$ 117.861 million equal to 62.5% of Central America’s total • 31.9 million people

GUATEMALA

Business environment

According to the ease of doing business index of the World Bank, Guatemala was recognized among the five countries in the world and the first in the American continent, since the complexity and the cost for opening companies was reduced, thus raising 50 positions in that area.

HONDURAS

EL SALVADOR

• 242.020 kms2 equal to 48.% of Central America’s total territory • 8a. economy of Latin America

The reforms were possible because:

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• Reform to Security of Personal Property Law • Reform to the restricted list of the Ministry of Environment and Natural Resources for the procurement of environmental permits. • Reform of Commerce Code • Improvement to Property in Land Registry

normative and administrative reforms

Foreign Direct Investment

Guatemala presents the largest portfolio of infrastructure projects available in the Central American region through public-private partnerships. In 2017, Guatemala closed the year with an investment figure that amounted to US$ 1,146.7 millions of foreign direct investment (FDI), mainly represented by large projects established in the commerce, banking and finance, manufacturing, telecommunications, energy, and agriculture sectors.

From 2007 to date, the countries that have invested the most in Guatemala are: • • • •

United States (US$ 2,974 million– 26% total) Canada (US$ 1,268 million– 11% total) Colombia (US$ 1,143 million - 10% total) Luxembourg (US$ 1,130 million - 10% total)

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Energy 12 12

which lights up the country of the eternal spring


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Guatemala has Central America’s largest solar park

The Kilowatt per hour rate is

US$0.06 - 0.14

The maximum power demand of the Interconnected National System in 2017 was

The average price of energy opportunity (SPOT) in 2017 was

US$51.48

/MWH

1,749

/MW

Guatemala has the lowest electric power rates in the Central American region, thanks to sound decisions to implement changes to its energy matrix and legislation. The country has a wide diversity of natural resources for power generation. Its geographical location and its topography, consisting of mountain systems that define hydrographic regions because their rivers flow into two oceans; ultimately makes Guatemala a country with great hydrological potential.

T

here are 37 volcanoes in a length not greater than 300 kilometers, therefore the geothermal potential is great. In the territory there is an area of 1 thousand 500 square kilometers where the wind is classified as 4 or higher, in addition to the solar potential (more than 300 days of sunshine per year).

Overcoming major logistical challenges allowed to focus on energy demand by industry and trade. Guatemala offers competitive advantages in the energy sector, which keep it constantly growing: it has great potential for development in industries that demand high energy consumption and is part of the Central American Regional Electricity Market. In addition, it has an updated energy policy that seeks to strengthen the conditions to become more competitive, efficient and sustainable in the use and exploitation of those resources. There are indicators that show the great potential

of the country for investments in this sector, since it has a robust and efficient network operation. Currently, the installed capacity of the hydroelectric power plants in operation amounts to 1 thousand 437 megawatts (MW). Regarding geothermal energy in operation, there are two projects that generate 49.2 MW, under construction there are 75 MW and in process, 20 MW. In Guatemala there are investments in photovoltaic solar projects that generate 92.5 MW. There are also other 6 projects operating in the country and that generate no more than 5 MW in total.

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The country has three large wind energy projects, which are located at strategic points. Taking all in account they all produce 75.9 MW. There are also 22 biomass projects in operation that generate 1,083.7 MW.

Length of transmission lines by voltage level and type of property

In 2017, the electricity generation matrix was constituted as follows:

• PRIVATE PROPERTY: 1,621.6 KM • STATE OWNED: 3,189.9 KM

30.11% with nonrenewable resources

(33.7%) (66.3%)

Generation by fuel type and resource in 2017: En 2017 se generaron 11,489 gigavatios-hora (Gwh):

69.8

%

of renewable resources

• • • • • •

50.18% 26.63% 13.73% 3.44% 2.22% 1.73%

Water resources Coal Biomass Bunker Geothermal Solar energy

Source: 2017 Statistical Report. Ministry of Energy and Mines.


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The generation of primary energy by activity, in 2017, measured per barrel of oil equivalent (kBOE), reached 72,941. Guatemala is a net importer of petroleum products. In 2017, we imported 37 thousand 456.5 million barrels of oil products, mostly from the United States. The disbursement for the payment of the imported oil, known as oil bill, reached US$ 2 billion 355.6 million in 2017, an amount that increased 20.5% in comparison to the one of 2016. Guatemala, an exporter of energy

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Guatemala is Central America energy platform with an installed power capacity of 4,074 MW and a maximum power demand of 1,725 MW. This means that the current installed power capacity allows us to supply the domestic market, as well as to promote exports to the Regional Electric Market (MER by its acronym in Spanish) that covers Central America and Mexico. Since the implementation of the Central America Electrical Interconnection System (SIEPAC), Guatemala has become a net exporter of energy, ranking as the most stable country and with the

The energy matrix of Guatemala is composed mostly of clean energy.

biggest energy export to the Regional Electric Market. In 2015, electricity exports amounted to US$ 69.2 million and represented 61.6% of the incorporations to the Regional Electric Market (MER). In 2016, the electricity exports amounted to US$ 33.6 million (55% of sales to the MER), and in 2017 exports reached US$ 102.7 million. The main destination for electricity exports has been El Salvador. Additionally, Guatemala has an interconnection with Mexico, which has facilitated the energy exportation to that destination. According to data from the Bank of Guatemala, from 2009 to 2017 the electricity sector has attracted US$ 2,156.7 million in foreign direct investment to the country, this represented 18.8% of the total capital that entered in said period, which corresponds to a general total amount of US$ 11,434.4 million. Guatemala is seeking strategic alliances with local and international public and private sectors in order to achieve a sustainable development of the sector. Guatemala has based its growth objectives in the energy sector, with strategic axes, defined goals and inter-agency coordination focused on the development of the investment area.


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PaniFresh is an innovative modern confectionary brand that offers fresh, high quality, bespoke products that businesses trust to nourish them and create a sense of comfort because, they surpass international quality standards, have the technology to preserve flavor in their products and are passionate about baking

P

We can´t does not exist”, this is one of the founder’s favorite quotes because there is always a way to find a solution.

anifresh is a Guatemalan confectionary brand that serves the quick service restaurant industry in the region.

quality consistency, unique recipes and customized products.

The success of the company lies in its team, people with talent and human quality, who have created a company culture rooted in family values with over 25 years of history. Quality, innovation, personalized customer service and technology have made of Panifresh a regional reference for the baking industry.

Guatemala´s geographic location has been fundamental to conquer new markets like Mexico, the Caribbean and Central America. Guatemala has become a strategic location to invest because of its continuous market growth and arising opportunities.

Taking risk has allowed the company to export its products to different destinations in America. And their focus in R&D has allowed them to enter new and different markets around the world. Although the competition in the industry is strong, customers choose Panifresh because of its

Markets and options

Panifresh perceives a future of great opportunities in other countries, regions and continents. The recent inauguration of a new factory located in Panama brings them closer to the south American market, opening the possibility of expanding their client reach. Panifresh family works hard every day to be the best baking factory in the world.

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Guatemala’s favorable geographical location fosters a positive business environment and promotes the concentration of the regional economic development on this economy, the largest in Central America.


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Annual figures from 2017 Total foreign trade Growth of +2.2%

32 million metric tons

G

Guatemalan exports Growth of+5.3%

US$11 billion

uatemala has a concentration of 35% of the total population of the isthmus and offers competitive advantages for trade and business development.

In 2017, the movement of cargo through the country’s seaports increased by 1 thousand 535 metric tons (MT), reaching a total of 27 thousand 960 MT.

The productive sectors in development reflect that local consumption and foreign trade have turned the country into a dynamic economy.

Exports which went through Santo Tomás de Castilla, Puerto Barrios and Boyas San Jose reflect a recovery. This is an indicator of sustained growth maintained by national seaports.

The total foreign trade of Guatemala registered 32 million 1 thousand metric tons (Mt) in 2017; 905 thousand more than it did in 2016. In terms of transported tonnage, there was a growth of 2.2%, which is a reflection of a positive foreign rate trade in 2017, compared with 0.8% from 2016.

According to data from the Bank of Guatemala (Banguat), the country’s exports reached US$ 11 billion, a 5.3% more than in 2016. The increase in sales abroad is associated with the improvement in clothing, cardamom, banana, coffee, manufacturing and petroleum products.

Handling of foreign trade goods, according to port type

79%

Maritime ports

20.8% Terrestrial ports

0.2% Air ports

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United States is the main commercial partner of Guatemala, with a 35% share of total


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Imports grew 8.2% in 2017 and reached US$ 18 billion 389 million, which is US$ 1 billion 386 million more than in 2016. The country has a national logistics plan that frames the needs and priorities of the logistic system in Guatemala. It is an instrument that facilitates the trading conditions, processes and competitiveness of the country. The logistics prioritize four subsystems: agricultural industry, light manufacturing and textiles, tourism and regional trade. In addition, there is also a commitment from the public and private sectors that executes the plan. Guatemala has a National Competitiveness Agenda of 2016-2032, a country policy that

pursues local development with the primary objective to improve the quality of life of the inhabitants and to achieve a sustainable and inclusive economic growth. The programmed actions and roadmap will enable the productive sectors, with a single vision of the country, create more jobs and to achieve a sustained growth of the GDP up to 6% in a year. The policy has prioritized 11 clusters, which will provide 82% more jobs, and therefore, the mobilization of more goods in the country, including light manufacturing, processed foods, fruits and vegetables, construction, textiles, clothing and footwear, and call centers.

China is the second largest supplier, in 2017 imports coming from this country amounted to US$ 1,970.5 million

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Guatemalan imports Growth of +8.2%

11 prioritized clusters

US$18,389 millions

Jobs

+82%

• Light manufacturing • Processed foods • Fruits and vegetables

Imports of consumer goods Participation of 32% in the total national imports

• Construction • Textile, manufacturing and footwear

US$5,919.4 millions

• ICT’s, call centers and software • Forest products • Furniture • Metalworking • Transportation and logistics • Beverages • Tourism and health services

v


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GUATEMALA WORLD CLASS

TOURIST DESTINATION The Guatemala that we know today is the product of three millennia of history, which left in our territory an impressive culture, enriched with traditions and customs that offer to the world the most wonderful and unforgettable experiences.

T

he Mayan culture left splendid architectural and artistic constructions that are ancient and lasting, this culture took place a thousand years before Christ. The cultural wealth, both ancient and current in the country, are evident wherever the visitor goes.

It has unmatched and beautiful colonial constructions, churches, convents and palaces, as well as trendiness and globalization of the 21st century world.

Millions of tourists prefer Guatemala, because it is an incomparable destination. In 2017, two Today, visitors take pleasure on seeing Mayan million, one hundred nineteen thousand, four cities such as El Mirador, Tikal or Yaxhá; Antigua hundred fifty-seven (2,119,457) foreigners Guatemala, third largest city in Spanish America; visited the country, 11% more than in 2016. also, from natural beauties such as the lakes of Atitlan, Petén Itzá and Izabal; as well as 40 All geographical regions register an increase in volcanoes and unique beaches because of the the number of tourists arriving in the country. black color of the sand.

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Increase in arrivals to the country in 2017 • Central America, 13% • Europe, 11% • North America and South America, 6%

In 2017

2,119,457 tourists visited Guatemala

385,409 tourists came from the United States


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Cruises

Growth of

24%

129,063 visitors

Aerial

737,886 visitors

Terrestrial

1,246,321 visitors

7 Tourist regions

Guatemala, Modern and Colonial

Highlands, Mayan culture

PetĂŠn, Adventure in the Mayan World

East, Mystic and Natural

Verapaces, Natural Paradise

Pacific, Exotic and Diverse

Izabal, a Green Caribbean

Source: Instituto Guatemalteco de Turismo - INGUAT -

Number of visitors to Guatemala in 2017, according to point of entry:

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Tikal National Park Biosphere Reserve

Maya


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Aerial view of the bridge that connects to a destination cataloged as a Natural Monument in Guatemala.

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The range of specialized tourist products that the country offers are • Culture • Nature • Adventure • Volunteering • Language tourism • Cruises

• Entertainment • Sports • Weddings and honeymoons • Health and Wellness • Congresses and conventions

Guatemala has become a tourist destination with a very diversified of fer and remains at the forefront in trends and demands, such as medical, wellness and gastronomy tourism. The services are top notch, where quality and customer service are key attributes. The Guatemala that we see today is the product of three millennia of history that has left in our territory a fertile footprint to show to future generations.


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Shrimp,

Our brands

Messengers

that cross oceans

Tikal

and exceed expectations

Aquaculture creates important spaces in the production of food, where shrimp stands out as a healthy, nutritious and tasty protein enjoyed by the most demanding palates in the world. Guatemala is a country that produces large amounts of shrimp, using intensive production systems that are sustainable, e�cient and friendly with the environment and its ecosystems. Acuamaya continuously improves its production processes and models, through its research and development e�orts and the incorporation of new technologies for over 35 years now. For this reason, Acuamaya has become a Guatemalan ambassador for shrimp farming to the world. Acuamaya, controls the whole production process of shrimp, starting from the development of their genetic families of post larvae, with techniques and cutting edge technology. Additionally, Acuamaya, implements and promotes the complete traceability of shrimp production, given that each exported box contains a label with the specific information of the product, which has allowed it to gain the trust of its customers around the world. In addition, its processes guarantee the quality of its products to satisfy their most demanding customers.

North America Mexico Central America South Africa

Europe

Asia

Each kilo of shrimp exported by Acuamaya, with its brands Tikal® and Crystal Ponds® exalts the name of Guatemala, which makes its team of collaborators proud, especially because other countries are learning about the positive attributes of our beautiful country, its great people and products and potential development opportunities.

best suppliers in the world.

Guatemala shrimp is darker due to the color of its volcanic soil, rich in minerals, which makes a di�erence in regards to flavor and allows it to compete with the

Guatemala is a privileged country, with outstanding people who exceeded expectations, and the perfect place to generate new projects and make them grow.

Acuamaya, has become a leading company that maintains strong and reliable relationships with its customers, which boosts the image of the aquaculture industry at a national level, generating economic development and employment in the country's rural communities.

Acuamaya has worked in the improvement of its production processes and models, as well as in research and development for over 35 years. For this reason, Acuamaya, has become a Guatemalan ambassador to the world.

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Main customers of Guatemala’s aquaculture and fisheries

United States 30% Mexico 18%

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Taiwan 1% France 8%

Spain 42%

Exports of tuna in 2017

US$38.49 millions

(Source: AGEXPORT Aquaculture and Fishing Sector)

Shite Shrimp, Penaeus vannamei

The Guatemalan aquaculture and fishing industries are characterized by having high-tech sectors that generate products with high added value, high quality standards and food safety, which make them very attractive in international markets.


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Industry certifications

In the short term, it is expected to open way in new markets such as: Russia

The industries in the Sector generated more than

12

China

thousand direct jobs

Brazil South Korea

(Source: AGEXPORT Aquaculture and Fishing Sector)

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AGEXPORT Industries of the Aquaculture and Fishing Sector in 2017 exported

US$256 millions Source: Bank of Guatemala

Mahi Mahi is one of the highly demanded species in international markets.

The sector continues to innovate in finished products and with high added value: breaded shrimp, raw, cooked, on skewers, coated with coconut, and on pellets; as well as, fresh fillets of tilapia, and Mahi Mahi

T

he products generated by this Sector have managed to make an incursion and satisfy the consumers of the most demanding markets such as the European Union, United States, Mexico, Taiwan, among others. The industry is subject to strict official control and monitoring programs in the field of food safety, animal health and traceability to export their products. Most of the companies in the Sector have international certifications about their production processes such as Best Aquaculture Practices / Global Aquaculture Alliance, Global Gap. For this they require strict environmental sustainability schemes, food safety, animal health and welfare, and corporate social responsibility.

which make its processes more efficient and increase its competitiveness. The products of this sector are coveted by the demanding and insatiable palates of consumers in international markets thanks to their quality, food safety and innovative presentations. Additionally, these products are attractive due to the growing scientific evidence of consuming foods of high nutritional value and of benefit for the consumer’s health.

Some of the major challenges the aquaculture and fishing sector in Guatemala are: improving technology, increasing productivity and expanding its range of products with greater added value, in order to achieve greater consolidation. The The aquaculture and fishing industry are at the Aquaculture Symposium in Guatemala 2020 is also forefront due to the strong investment in the a huge challenge that will help to consolidate this implementation of state-of-the-art technologies, Sector.

AGEXPORT Industries of the Aquaculture and Fishing Sector in 2017 exported:

US$121.85

millions


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Guatemala has 360 microclimates that allow a wide range of agricultural products to be exported from this territory

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Most important business partners

Europe

United States

Main agricultural products

Coffee

Sugar

Vegetables

Flowers

Banana

Cardamom

Fresh fruits

Peas

Asia Central America

Exports of agricultural products in 2017

US$3,500 million

(Approximate amount with information from the Bank of Guatemala).

67%

of non-traditional agricultural products come from rural areas They employ more than

600

Ornamental Plants

This industry generates more than

2

million

jobs nationwide

(Source: National Statistics Institute)

thousand farmers

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Foliage

Citrus

Berries


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n the last three decades, the Guatemalan agricultural export sector has achieved an important position as a provider of firstclass fruits and vegetables to markets such as the United States, European Union, Asia and Latin America. However, everyone is aware that the world is evolving and becoming more technological; and agriculture is part of this. The agricultural division with its daily work brings market opportunities, the necessary financing and the best technologies to Guatemalan producers, members of cooperatives, producer groups, microenterprises, farms, agricultural services, food companies, among others, it also increases their competitiveness and productivity and facilitates the access of these products to international markets. The agricultural industry seeks to apply new processes and knowledge to expand the production of crops in specific areas that have special conditions in order to increase productivity, safety and quality. This sector brings together entrepreneurs who grow and trade with traditional and nontraditional products, which seek to encourage a change in the ancestral production culture, modernize processes and obtain more international orders.

28 28 Peas and non traditional Vegetables exporters started a foundation in 2017 with The National Pea Foundation - (Fundarveja)

T

Lines of action:

he main objective of Fundarveja is to promote the social and human development of the pea producer families living in the rural areas where the crop originated, through education in health, nutrition and environmental sanitation.

Thousands of families from rural communities proudly produce excellent quality vegetables in the country, which are recognized worldwide.

The incorporation of technologies has prompted major changes in the sector. It is expected that, in the short term, Guatemalan agriculture can achieve an even greater technological take-off.

The National Pea Foundation has focused on the promotion of knowledge and best practices to change life habits in the listed topics. The groups of small producers recognize peas as the main business that allows them to generate income to sustain their families, evolving from being subsistence producers to surplus producers.

Over the last 30 years, the sector has complied with ever-changing regulations regarding Food Safety, Phytosanitary and Sanitary regulations, that the Health and Agricultural authorities of the countries of destination impose.

The sector has consolidated a solid basis in the rural area of Guatemala and it has trained and educated as many farmers as possible, potential producers and domestic and foreign investors.

Snow Pea, Sugar Snaps and French Green Beans, as well as other vegetables and mini-vegetables have become a generator of 60 thousand direct jobs per season and up to 3 million daily wages that contribute to development in the areas where vegetables grown for export are planted.

• Education • Training

At present, it is estimated that peas are grown in approximately 11 thousand hectares.

Fundarveja, as a social initiative of the NonTraditional Vegetables Exporter Industry, coordinates at local level with other entities educational support and empowerment projects; focusing on mothers, farmers and their children, who must implement the acquired knowledge for best practices in health, nutrition and environmental sanitation to improve the quality of life of their own and therefore their communities.

• Strengthening / empowerment • Inter-institutional cooperation

Pea exports main markets

Europe

United States

65%

Canada Asia Central America

5%

30%


GUATEMALABEYONDEXPECTATIONS.COM Fundar veja operates in Chimaltenango and Sacatepéquez

85%

of Pea, French Beans and mini-vegetables production are grown in • Chimaltenango • Sololá • Sacatepéquez

15% It is estimated that there are more than

is produced in • El Quiché • Alta Verapaz • Baja Verapaz • Jalapa • Huehuetenango

60 thousand

f a r m e r s in more than 200 communities

11 thousand

hectares cultivate vegetables for expor t

29

Export figures:

70

million

pounds of Snow Pea are exported to the world

30 years

of exporting quality vegetables and minivegetables with high safety standards

It has generated

60

thousand

direct jobs

and more than 3 million temporary jobs per year

Source: DIPLAN - MAGA, Peas Committee

55 million

pounds of French Beans are sent abroad


GUATEMALABEYONDEXPECTATIONS.COM

This aromatic product has been cultivated for over 100 years in the country, and for its quality, has conquered the world.

G

Guatemala is the world´s leading producer and exporter of cardamom, producing more than 35,000 tons of cardamom per year, which is then exported to all continents including the main consuming centers like North Africa, the Middle East, Europe, Western Asia and North America.

30

The secret to its success in producing and marketing the cardamom world-wide lies in its special climate and the constant effort of the producing and exporting sectors that have continuously strived to provide the best quality product. Cardamom benefits from Guatemala´s special microclimates and rich mineral soils present only in the humid highlands of the northern regions of the country including Huehuetenango, Alta Verapaz, Baja Verapaz, Izabal and Quiche. The exporters of the Cardamom Exports Commision in AGEXPORT which represent 85% of the total

Exports 2017 of cardamom

US$370 million

volume shipped, are focused on supplying cardamom that meet the strictest quality standards and certifications demanded by the international markets. The work starts at the field level where the Cardamom Export Commission in AGEXPORT has implemented programs to provide technical assistance, to facilitate the implementation of good agricultural and manufacturing practices (GAPs and GMPs) thereby ensuring the best quality product and socioeconomic development in the country. According to the Central Bank of Guatemala, around US$ 370 million worth of cardamom was exported during 2017, making up almost 1% of the country´s Gross Domestic Product and involving more than 300 thousand small farmers from a diverse set of ethnic groups, but mainly the Q´eqchi people. For further information please contact the members of the Cardamom Export Commission of Agexport at www.cardamomo.gt

Guatemala

is the world’s leading producer and number 1 in exports


GUATEMALABEYONDEXPECTATIONS.COM

+300

More than 200 years of Guatemala’s history are linked to the production of the best coffee in the world.

I

n 2018, the Guatemalan coffee tradition was declared an Intangible Heritage of the Nation.

Our coffee stands out worldwide for its exceptional quality and special production process. Coffee production generates between 3% and 3.5% of the country’s GDP and coffee grain exports are equivalent to 25% of the total agricultural exports. In Guatemala, more than 125 thousand families produce coffee, which makes it the agro-industrial product that generates more jobs steadily.

MICROCLIMATES

Guatemalan coffee is grown under the shade of trees, creating an agroforestry system that contributes significantly to the environment.

The grain harvest is done by hand, which guarantees its quality.

Make conditions in Guatemala the most favorable in the world to produce high quality coffee.

The traditional knowledge that is part of the coffee production and commercialization process, from seed to cup, is a symbol of Guatemala’s identity and transcendence for the integral development of our country.

United by Guatemalan Coffees, we pursue a sustainable coffee “production, and promote the economic, social, environmental and cultural development of the country. ”

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The Guatemalan service sector is constantly changing to satisfy the requests of the most demanding clients in the countries and regions that prefer Guatemalan talent because of its quality.

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he country has professional, creative, capable, committed and specialized people in many productive and academic areas.

Laboratory services, development of software, digital content, creativity, sustainable tourism and health are areas of development in Guatemala, with specialized markets that are looked after with the highest technical quality, which has allowed for the demand to increase every year.

Guatemala is a pioneer in the outsourcing of services in Central America, to the extent that it projects a two-figure annual growth. There are projects in conjunction with public and private institutions that ensure the growth of the industry and the incorporation of more talent.

The modern and sophisticated world seeks constant solutions that facilitate and improve experiences. This is why the country presents a large portfolio to foreigners that are looking for alternative, medical, health, wellness and recreation tourism of the highest quality. A clear example is the growth and constant expansion of multinational operations in Guatemala, which also create new divisions, allowing the diversification of services in the country. In Guatemala there is also a group of specialized service providers for export, which facilitates and guarantees the quality and specialization of the services offered abroad.


GUATEMALABEYONDEXPECTATIONS.COM

The Services Sector is composed of

Sustainable tourism

Health and wellness tourism

Software and digital content

Laboratory services

Creative Industry

Integrated services for export

33

3.3 million jobs

Most Important markets of the Service Sector

generated by the Services Sector The exports of the sector reached

US$1,000 millions

(Includes tourism, software, laboratories) Source: Bank of Guatemala

Canada Europe

United States Mexico

Central America


GUATEMALABEYONDEXPECTATIONS.COM

Contact Center & BPO industry generates more than

42 thousand

direct jobs in 2017

Export of the Contact Center & BPO industry in 2017

US$980 millions

It includes the Contact Centers & BPO services from Guatemala that are export abroad. (Partners and non-members of AGEXPORT)

34

T

he demographic bonus of Guatemala is the highest in the region, something encouraging, because the country has the largest number of young people interested in working in that industry, because of the wages and working conditions offered.

Competitive advantages

outsourcing of administrative and business processes, in which Guatemala already provides services from prospecting clients to closing deals.

Same time zone as the United States

This is an innovative industry that has joined the global trend of Impact Sourcing. Guatemala has adapted to the highest demands of international companies, which require everything from preparing the client’s prospect to closing a deal.

Direct flights of three hours

There are financial and health care accounts in English and French, since it looks after a large part of the Canadian market. The service in German has also grown. Guatemala has entered a topnotch sophisticated level and increasingly The big companies request Guatemalan personnel, because they like the serves more complex markets. proximity of the country, the level of The international industry has continued language proficiency and because the to develop and has migrated to Business goals established by the clients are Process Management (BPM), the complete met.

Strong affinity towards the United States culture

Powerful telecommunications infrastructure

Markets served by the Guatemalan Contact Centers

Canada United States Caribbean

Europe

Central America

It is true that most of the businesses deals in the Contact Center & BPO industry are closed in Silicon Valley, but also a significant number of investors have set their sights in Guatemala for their qualified human resources and the geo-strategic position of the country, a few hours away from large cities from where operations of large companies are supervised.


GUATEMALABEYONDEXPECTATIONS.COM

At XumaK, technology

and the heart

blossoms

35

The World Bank, Adobe, MetLife, Johnson & Johnson, the United Nations Development Program and the United States Army are some of its best-known clients

X

umaK is a Mayan word that means “to blossom”. It symbolizes the process of planting a seed, of nurturing it so that it grows until it blossoms. In this technological company founded in 2004, careers are formed, dreams are realized and Fortune 500 companies entrust their digital transformation to its dedicated team of highly skilled technologists. Its main center of operations is a core of continuous activity comparable to that of any company in Silicon Valley or countries with technological hubs, such as India, China, England or France, with a key difference: it is located in Guatemala, whose multiculturalism and geostrategic location enrich the company’s global and multicultural vision. There are four values that Marcos Antil, its founder and CEO, promotes: to have passion for technology, to embrace change, to live service

Have Passion

Embrace Change

and to embody excellence. This sets XumaK apart from traditional companies and its social initiatives promoting educational programs that contribute to new generations which also yields a heartening experience for its members—better known as XumaKeros, proves it. That is why the innovative vision of this company places it at the forefront of the industry: prominent digital developers work without schedules or geographical borders, backed by a

Live Service

Embody Excellence

solid experience and an unparalleled fulfillment of the needs of each client, which is the seed for a virtuous cycle that leads it to germinate, to grow and to blossom—over and over again.


GUATEMALABEYONDEXPECTATIONS.COM

GREAT

manufactured work

The small, medium and large manufacturers and Guatemalan exporters sell high quality manufactured goods.

Most important markets of the Manufacturing Sector

36

United States Apparel and textiles, the main product that Guatemala exports

US$1,589 millions

Central America

Caribbean


GUATEMALABEYONDEXPECTATIONS.COM

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he manufacturing sector boosts the Guatemalan economy, since it is one of the main generators of employment and development in rural areas.

Joining the digital transformation, interacting with small entrepreneurs and knowing the points of view of large customers have allowed them to adapt to the new trends.

The industrial sector has adapted to the world trends. Products ranging from food and healthy beverages, made with natural materials and sustainable packaging, to cosmetics, plastics, handmade items and furniture, which have conquered clients and discerning consumers in the world. The reason is simple to explain: constant work and quality.

Commercial intelligence, the implementation of environmental programs and social responsibility are other of the fundamental pillars that drives the manufacturing sector. Besides, the incorporation and consolidation of value chains, along with public and academic alliances have improved productivity.

Guatemalan designers have incorporated cuttingedge technologies that drive their products internationally to meet the high standards of large markets, thanks to the participation in national and international events.

Manufactures focus on innovation, as this is a vital factor to continue with the sector’s momentum, generation of employment and business development. Personal care and healthy foods have strengths that will allow the sector to continue growing. From Guatemala, great work is made by hand with world-class quality.

Guatemala also offers handmade items with ancestral techniques and great global demand thanks to its history and particular colors.

This industry generates more than

1

Main manufactured products

million jobs in all its divisions Food and Beverages

Cosmetics

Hand-crafted items

Wood furniture

37

Plastics

Miscellaneous manufactures Exports of manufactured products

US$5,185 Rubber

Natural rubber

Cardboard

Footwear

millions

(does not include the apparel and textiles sector)


GUATEMALABEYONDEXPECTATIONS.COM

The apparel and textile sector in Guatemala represents one of the main sources of formal employment and foreign direct investment.

A

s an economic activity, the apparel and textile industry contributes with 8.9% of the national GDP, taking into account its production (2.5%) and what it contributes or injects to other sectors of the economy (6.4%).

38 38

The supply chain is made up of more than 290 clothing companies, textile companies, spinners and suppliers of accessories such as buttons,

Nowadays, it offers its clients the so-called “complete package” or “ full package”, which leads to higher value-added products. That is why the production processes of the apparel and textile industry are constantly searching for innovation, and their products are consistent with the new trends of the world’s major markets, which allows them to offer flexibility in the production orders and to meet the needs and expectations of customers worldwide. The strategic location of Guatemala makes the country a commercial bridge between the United States, its main market, and the Central American region, which allows a rapid response to customer demand.

zippers, labels, collars, elastics and finishings, among which stand out embroidery, sublimation, serigraphy and dyeing. There are also design, cutting, transport and logistics services, which makes it a developed and integrated chain.

The geographical proximity between Guatemala and the United States, allows a quick response to the demand of the clients.

This Industry has bet on competitiveness and innovation to grow, which has managed to evolve into complex production stages whose beginnings were framed in apparel assembly.

This industry contributes with

8.9%

of the national GDP

In this sense, it is important to mention that, in recent years, the apparel and textile industry has diversified, not only its products, but also its markets, characterized by having skilled labor and the transfer of knowledge and technology. This Industry has focused on staying competitive without undermining the quality of its products, increasing its productivity through the modernization of the process and the training of its human capital.

Composed by

290 companies


GUATEMALABEYONDEXPECTATIONS.COM

Grupo Karims, Yarn Division, is one of the main suppliers of yarn for Central America and the Caribbean, since it has more than 30 million pounds of inventory, which allows them to be a step forward in the so-called “fast fashion industry”, which every season offers innovation to its customers.

A phrase that defines Grupo Karims is “Nowadays, the key to success is innovation and employee commitment. Companies must have a clear focus on the innovation process and encourage everyone to be innovative”, expressed years ago by the legendary CEO of GE, Jack Welch.

G

rupo Karims has a long history analyzing what the textile market needs. They offer products with unique characteristics, different textures, special mixtures, eco-friendly products and treatments that make their products unique, which only Grupo Karims offers in the region.

mission is to position Grupo Karims as one of the innovative companies in the textile industry with the best products on the market, corporate image and with the best advice to internal and external clients.

Innovation goes beyond the yarns; they also offer customized advice to their customers. Grupo Karims has a specialized team available 24 hours a day, providing information on the products so that their customers can acquire technical knowledge that generates added value when presented to different brands.

Innovation is visible in the purchasing and logistics processes that enables them to be at the forefront, since they are aimed at providing agile deliveries to be at the highest level of the textile market. Grupo Karims has its own yarn mills with a millionaire investment to provide customers with the best quality products and the most innovative machinery in the industry.

The Development Department is a fundamental area, as it ensures the continuous search for new effects, designs and options. Its main

The most important capital of Grupo Karims are their employees, a committed and results-oriented team, where everyone’s ideas count.

Customer attention

24 hours a day

Inventory of

+30 million

pounds of yarn

39


GUATEMALABEYONDEXPECTATIONS.COM

THE MAP THAT SHOWS

THE WAY TO THE TOP C

ompetitiveness must be sustainable and get all citizens involved to work and achieve the goals and objectives. The National Competitiveness Policy seeks to improve the quality of life of Guatemalans and create more employment opportunities during the next 15 years.

Guatemala must focus on strengthening the human resource, particularly addressing health and educational needs, so that all the people have decent and well-paid jobs.

It is necessary to strengthen the public and private sectors with regulations that guide and increase the interactions that allows to improve the It is essential to stop the low levels of social structure. productivity that limit the performance of the most productive It is transcendental for the academy to sectors of the country and prevent be involved so that this will be the reaching the most urgent social innovation driver. needs. The National Competitiveness Policy Who benefits the most with the seeks that those who are lagging implementation of a competitiveness behind, advance at a faster pace to policy are young people between 15 to increase overall productivity and 34 years old, which is the productive improve the Guatemalan economy and the quality of life of all Guatemalans. age population.

YOUNG PEOPLE BETWEEN

15 TO 34 YEARS

Who benefits the most with the implementation of a competitiveness policy EMPLOYMENT OPPORTUNITIES

DURING THE NEXT

15 YEARS

40

There are 12 pillars that measure competitiveness, according to the World Economic Forum.

The public sector is responsible for: • Infrastructure • Macroeconomic environment

The productive sector:

• Institutions • Health View from the top of the Acatenango volcano, located in the department of Sacatepéquez in the background to appreciate the Agua volcano and the Pacaya volcano

• Education

The academy:

• Efficiency in the goods, labor and financial markets • Quality on education and training • Technological preparation • Market size

• Business sophistication • Innovation The Sustainable Economic Observatory is a USAID project implemented by the Del Valle University of Guatemala in consortium with Funcafè, ASIES and RTI in order to propose and analyze public policies based on scientific evidence and world class studies, strengthen the capacities of key actors and open spaces for discussion with the participation and contribution of civil society, public and private sector, academy and other national actors.


GUATEMALABEYONDEXPECTATIONS.COM

GUATEMALABE YON DE XPEC TATIONS .com

41


GUATEMALABEYONDEXPECTATIONS.COM

8

5 42

Port city of Puerto Barrios

2

REGIONAL NODE OF

REGIONAL NODE OF

Huehuetenango

Las Verapaces

1

Tourist city of Petén

6

4 REGIONAL NODE OF

REGIONAL NODE OF

Los Altos

7

3

Tourist City of Antigua

Metrópolis of the East

REGIONAL NODE OF

Guatemágica

9 Port city of San José

In 2032, the population of Guatemala could increase by 22 million, according to estimates by the National Institute of Statistics. Calculations establish that by that same year, US$ 6 billion will have already been invested in the development of these nodes and the country will achieve a high production capacity that will improve the quality of life of Guatemalans.

1. Los Altos regional node

3. Regional node of Guatemágica

2. Regional node of the Verapaces

4. Regional node Metropolis of the East

(Quetzaltenango, Salcajá, San Cristóbal Totonicapán, Olintepeque and La Esperanza).

(Cobán, Santa Cruz Verapaz, San Cristóbal Verapaz, San Pedro Carchá and San Juan Chamelco).

(Retalhuleu, Santa Cruz Muluá, San Martín Zapotitlán, Champerico, El Asintal, Mazatenango and Coatepeque).

(Zacapa, Estanzuela, Río Hondo, Teculután and Chiquimula).


GUATEMALABEYONDEXPECTATIONS.COM

The National Competitiveness Policy includes nine cities, which connect

Revitalizing the infrastructure and maintaining the necessary conditions to boost the urban and logistic development of the country are some of the great strategies of the coming years.

90%

Guatemala aims to create intermediate cities, specialized strategic points in a variety of services, but with less influence than the metropolitan area. The idea is to shorten distances and provide citizens that are seeking for development and a better quality of life not to feel the need to travel long distances.

of the entire Guatemalan population

1

The model seeks to generate opportunities close to the population, in order for urban centers to develop and grow in a controlled manner.

2

For this purpose, strategic nodes have been proposed, which will be responsible for the development of each region. These areas of impact have already been identified by their potential and ability to drive development.

3

4

5

6

43

7

5. Regional node of Huehuetenango

(Huehuetenango and Chiantla).

8

7. Tourist city of Antigua

9. Port city of San José

8. Tourist city of Petén

The development of the country has begun to extend to the rural areas of the 22 departments.

6. Port city of Puerto Barrios

9

(Puerto Barrios, Santo Tomás de Castilla and Livingston).

Guatemala (La Antigua Guatemala, Jocotenango, Pastores, Santa María de Jesús, Ciudad Vieja, San Antonio Aguas Calientes and Santa Catarina Barahona). (Flores y San Benito).

(Escuintla, Santa Lucía Cotzumalguapa, Masagua, La Gomera, San José and Iztapa).


GUATEMALABEYONDEXPECTATIONS.COM

44

AGEXPORT is a non-profit organization founded in 1982. It encourages and promotes exports in companies as a mechanism for generating employment and development. It supports entrepreneurs and business owners who want to sell to international markets, offering cutting-edge training and differentiated services.


GUATEMALABEYONDEXPECTATIONS.COM

I

n economic terms, exports are a key to access the world, and in the current context it requires high standards of quality, constant renewal and adaptation to change, all qualities that are part of modern competitiveness. For this reason, the Guatemalan Association of Exporters - AGEXPORT - has, up until today, modern services that respond to a futuristic vision of international business.

Approximately half of the world’s population uses the internet, according to the World Bank. On the other hand, the global agency We Are Social and the platform for the management of social networks Hootsuite, estimate that electronic commerce is already a reality for 22 percent of the inhabitants of the planet. AGEXPORT created different electronic platforms in this hyperconnected context, to adapt to the way the world is doing business. Social networks with relevant content, virtual business roundtables, a specialized information cluster, the Observatory of Competitiveness, the School of Foreign Trade and an electronic platform that pursues the digital sale of goods

and services, are part of the institutional offer. In addition to this, AGEXPORT promotes the facilitation of foreign trade through the administration of the Single Window for Exports, a virtual development that allows you to perform different operations with just a few clicks.

AGEXPORT consists of six sectors to address specific issues in peer groups: Agriculture, Services, Apparel and Textile, Manufacturing, Aquaculture and Fisheries, Contact Center and BPO.

Guatemala exported approximately US$ 11 billion in 2017, of which about 75% came from non-traditional products, a relevant change in the diversification of the national supply. Apparel and textiles, a wide variety of fruits and vegetables, fishery products, modern

manufactures and from various fields such as food, beverages and cosmetics, handmade articles with ancestral techniques, but also software development, audiovisual, creative and other services that contribute to exports, specialized attention through contact center or medical tourism and in leisure destinations or in world-class natural environments, all are part of the Guatemalan offer that AGEXPORT promotes. The institution is in full development of an accelerated innovation plan, preparing itself for the next decade of exports: services and products that respond to global trends and the search for more markets and entrepreneurs who understand that borders do not define a limit. AGEXPORT brings together visionary entrepreneurs and business owners whose aspiration is, literally, to position themselves in the world. The institutional commitment is with all the actors of the export chain, promoting and developing public policies, with clear proposals and programs that help achieve their purpose and make Guatemala an exporting country.

45 Social networks with relevant content, virtual business roundtables, a specialized information cluster, the Observatory of Competitiveness as well as the School of Foreign Trade and an electronic platform that promotes the digital sale of goods and services, these are part of the digital institutional offer.

www.competitividad.gt

www.export.com.gt/cursos-de-exportacion-guatemala

D ATA E X P O R T.C O M .G T

www.agexportplus.agexport.org.gt

www.connecting.export.com.gt

La conexiĂłn al comercio exterior

www.dataexport.com.gt

www.agexporthoy.export.com.gt


GUATEMALABEYONDEXPECTATIONS.COM

Contacts

46

Sugar Association of Guatemala - Asazgua Guatemalan Exporters Association - AGEXPORT Bank of Guatemala - Banguat Chamber of Commerce Finance Chamber of Guatemala - CFG Chamber of Industry of Guatemala - CIG Guatemala Chamber of Tourism - (CAMTUR) Chamber of Agriculture of Guatemala CAMAGRO Chamber of Commerce and Services - CECOMS Guatemalan Construction Chamber - Construguate Committee of Agricultural, Commercial, Industrial and Financial Associations (CACIF) Private Competitiveness Council of Guatemala

Federation of Small and Medium Enterprises - (FEPYME) Foundation for the Development of Guatemala - FUNDESA Guide for procedures in Guatemala: Así se Hace Guatemalan Tourism Institute - (Inguat) Ministry of Economy - MINECO Ministry of Foreign A�airs - MINEX Trade, Investment and Tourism Program in Guatemala – PACIT National Competitiveness Program - (PRONACOM) Superintendence of Tax Administration - (SAT) Single Window for Exporters - VUPE

http://www.azucar.com.gt/ http://www.export.com.gt/ https://www.banguat.gob.gt/ http://ccg.com.gt/web-ccg/ https://www.cfg.org.gt/ http://www.cig.industriaguate.com/ http://www.camtur.org/ http://www.camaradelagro.org/es/ http://www.cecoms.org/ http://www.construguate.com/ https://www.cacif.org.gt/ www.mejoremosguate.org/cms/en/ what-are-we-doing/consejo-privadode-competitividad http://www.fepyme.org.gt www.fundesa.org.gt www.asisehace.gt http://www.visitguatemala.com http://www.mineco.gob.gt/ http://www.minex.gob.gt/ http://www.mineco.gob.gt/pacit https://www.pronacom.gt https://portal.sat.gob.gt/portal/ www.vupe.export.com.gt


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